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Leases | 9 Months Ended
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Sep. 30, 2023
Leases |
Leases | Note 11. Leases We have operating leases for manufacturing and production facilities, distribution and warehousing facilities, vehicles and machinery and equipment. Some of our lease agreements have renewal options, tenant improvement allowances, rent holidays and rent escalation clauses. The remaining terms on our leases range from 1 year to 7 years, some of which may include options to extend the leases and some of which may include options to terminate the leases within 1 year. The following table summarizes the amount of right-of-use lease assets and lease liabilities included in each respective line item on the Company’s Condensed Consolidated Balance Sheets: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | September 30, | ​ | December 31,
(Thousands) |  | Balance Sheet Location |  | 2023 |  | 2022
Right-of-use operating lease assets | ​ | Operating lease right-of-use assets | ​ | $ | 14,496 | ​ | $ | 11,090
Operating lease liabilities - current | ​ | Accrued expenses and other current liabilities | ​ | ​ | 3,322 | ​ | ​ | 2,832
Operating lease liabilities - noncurrent | ​ | Other long-term liabilities | ​ | ​ | 11,770 | ​ | ​ | 8,424
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ Depending on the nature of the lease, lease costs are classified within costs of sales or selling, general and administrative expense on the Company’s Condensed Consolidated Statements of Operations. The components of lease costs for the three and nine months ended September 30, 2023 and 2022, respectively, are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, | ​ | Nine Months Ended September 30,
(Thousands) | ​ | 2023 |  | 2022 | ​ | 2023 |  | 2022
Operating lease cost | ​ | $ | 1,179 | ​ | $ | 878 | ​ | $ | 3,609 | ​ | $ | 1,720
Short-term lease cost | ​ | ​ | 247 | ​ | ​ | 219 | ​ | ​ | 727 | ​ | ​ | 443
Total | ​ | $ | 1,426 | ​ | $ | 1,097 | ​ | $ | 4,336 | ​ | $ | 2,163
​ The following table presents information about the Company’s weighted average discount rate and remaining lease term as of September 30, 2023 and 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2023 |  | September 30, 2022
Weighted-average discount rate | ​ | ​ | 8.0% | ​ | ​ | 8.5%
Weighted-average remaining lease term | ​ | ​ | 5.1 years | ​ | ​ | 5.0 years
​ Supplemental cash flow information about the Company’s leases as of September 30, 2023 and 2022, respectively, is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Nine Months Ended September 30,
(Thousands) | ​ | 2023 | ​ | 2022
Operating cash flows from operating leases | ​ | $ | 3,195 | ​ | $ | 844
​ During the nine months ended September 30, 2023, the Company obtained $6.0 million of right-of-use operating lease assets in exchange for lease obligations. Finance lease assets are recorded in property, plant and equipment, net with the corresponding lease liabilities included in accrued expenses and other current liabilities and long-term debt, net on the Condensed Consolidated Balance Sheets. There were no material finance leases as of September 30, 2023. Future minimum lease payments under non-cancellable operating leases as of September 30, 2023 are as follows: ​
​ | ​ | ​ | ​
(Thousands) |  | ​ | ​
Remainder of 2023 | ​ | $ | 1,039
2024 | ​ | ​ | 4,382
2025 | ​ | ​ | 3,277
2026 | ​ | ​ | 2,609
2027 | ​ | ​ | 2,589
Thereafter | ​ | ​ | 4,239
Total future minimum lease payments | ​ | ​ | 18,135
Less: imputed interest | ​ | ​ | (3,043)
Present value of minimum lease payments | ​ | $ | 15,092
​

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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